China Arrests 52 Singaporeans in Cross-Border Pyramid Scheme Crackdown

China arrests 52 Singaporeans in Guangxi pyramid scheme crackdown

Fifty-two Singaporeans have been arrested and detained in China’s Guangxi Zhuang autonomous region following a law enforcement operation targeting suspected pyramid scheme activities and related offences, according to Singaporean authorities. Singapore’s Ministry of Foreign Affairs and the Singapore Police Force revealed the arrests in a joint statement on Friday, noting that Chinese authorities were still investigating the cases. Sim Ann, Singapore’s second minister for foreign affairs, said...

By Cao Jiaxuan

CNA Explains: How does China deal with pyramid schemes?

Following the arrest of 52 Singaporeans in Guangxi, CNA speaks to lawyers in China about the laws governing pyramid schemes and potential penalties for different levels of involvement.

China arrests 52 Singaporeans for alleged pyramid scheme activities, Singapore minister says

Chinese authorities haves arrested 52 Singaporeans in Guangxi, China, after a law enforcement operation against pyramid scheme activities and related offences, Singapore's second minister for foreign affairs said on Friday.

By Reuters

Singapore says China arrests 52 citizens in pyramid scheme clampdown

China has arrested 52 Singaporeans suspected of involvement in pyramid schemes, Singapore said Friday, in what local media in the city-state said could be the largest detention of its citizens overseas to date. The arrests took place in China’s southern province of Guangxi during a law enforcement operation targeting suspected pyramid schemes and related offences, […]

By AFP